1. What was a major effect of mass production during the 1920s in the United States?
2. Why did Henry Ford’s assembly line matter for the car industry in the 1920s?
3. What is buying on margin in the stock market?
Roaring Twenties — definition?
A period of rapid US economic growth in the 1920s.
Mass production consumer goods — role?
Made household items widely available and affordable.
Expanded credit — mechanism?
Borrowing supported by banks enabled more spending.
Fordist assembly line — function?
Increased car production and lowered costs.
Wall Street Crash 1929 — date?
October 24–29, 1929.
Buying on margin — meaning?
Investing with 10–20% down, borrowing the rest.
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